DSME clinches orders for two more VLCCs
South Korean shipbuilder takes recent haul of large tanker newbuildings to $440m this week.
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Saudi tanker attacked by Yemen rebels
Threats around Yemen to merchant shipping have been evident for over a year, where the fighting between the government backed…
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Maybulk to Sell its Stake in POSH
Malaysian Bulk Carriers Bhd (Maybulk) plans to sell its entire 21.23% stake in Singapore-listed PACC Offshore Services Holdings Ltd (POSH) to its own shareholders, reported The Star. According to the report, Maybulk seeks to raise cash to pay for new v…
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Pacific Calls For Decarbonising Shipping By 2050
In a comprehensive analysis of what is needed to decarbonise international shipping by 2035, the report recommends setting a clear, ambitious emissions-reduction target to drive decarbonisation of maritime transport, supporting the realization…
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Abu Dhabi Ports, EGA Open Freight Station at Khalifa Port
Emirates Global Aluminium (EGA), the largest industrial company in the United Arab Emirates outside oil and gas, and Abu Dhabi Ports have opened a facility which will reduce trucking of EGA’s aluminium within Khalifa Industrial Zone Abu Dhabi (KIZAD) b…
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